1314 Hwy 278 - Freestanding FOR SALE
Bluffton, SC 29910 |
$3,700,000 USD
248-702-0288
1314 Hwy 278
Bluffton, SC 29910
HIGHLIGHTS
- Investment-Grade National Credit Tenant - Verizon Wireless is one of the largest wireless service providers in the U.S., backed by Cellco Partnership
- Attractive Double Net (NN) Lease Structure -Double net lease with landlord responsible for roof and structure only, providing minimal responsibilities
- Strong Remaining Term with Built-In Upside - Approximately 5 years remaining on the current term with one (1) five-year renewal option
- High-Visibility, Signalized Retail Corridor - Positioned along Fording Island Road, a dominant commercial thoroughfare with 57,000± vehicles per day
- Proven Consumer Traffic and Location Performance - Placer.ai ranks the subject site in the 67th percentile nationally, reflecting solid foot traffic
- Affluent and Growing Coastal Market - Located in Bluffton, SC, one of South Carolina’s fastest-growing communities
FOR SALE DETAILS
PRICE
$3,700,000 USD
PRICE/SF
$787 USD /SF
CAP RATE
6.08%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Verizon Wireless
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
TOTAL BUILDING SIZE
-
STORIES
2
YEAR BUILT
1988
SPRINKLERS
-
PARKING SPACES
18
LAND DETAILS
LAND ACRES
1.02 AC
LAND SF
44,431 SF
ZONING
6616
APN/PARCEL ID
R600-040-000-0008-0000
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248-702-0288
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248-702-0288
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